How sky-high costs and supply chain squeeze could last until 2023
With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.
With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.
According to customs data, the share of empty exports to total exports leaving the Port of Los Angeles is up over 10% and leaving at a faster rate compared to pre-pandemic levels.
Air cargo is booming, but the pandemic set back international passenger airlines by seven years or more by several metrics.
Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
Airlines put many aircraft into a deep sleep to ride out the pandemic slowdown in business, but storing and reactivating them involves a lot of resources.
Air Canada will be able to handle more COVID vaccines, lobsters and other perishable products after it builds out a refrigerated airport warehouse.
They’re baaaack: United Airlines is running auxiliary freighters with passenger planes again after travel demand slumped.
The International Air Transport Association reported strong growth for air cargo in August.
Houston-based Great Lakes Dredge & Dock Co. has been awarded a $139 million contract to work on the third phase of the Port of Corpus Christi ship channel improvement project.
The Canada Pension Plan Investment Board has agreed to become the owner of the largest U.S. terminal operator, Ports America, in a deal with Oaktree Capital Management
A big ocean container line is buying big cargo jets from Boeing.
The organizations are asking the heads of government to take “swift action” lifting fragmented travel rules and getting vaccinations into the arms of the manufacturing and logistics workforce.
Freight Farms is turning shipping containers into productive farms that require only 5 gallons of water per day.
Dead spots are plaguing the flow of trade within the nucleus of their port bubbles. One wrong step at the Port of Los Angeles and your cellphone call could drop.
The East Coast ports of Savannah and Jacksonville are adding more container capacity amid long-term plans to serve as an alternative to West Coast ports.
Boeing is beefing up its ability to convert older 767s for dedicated cargo operations with new production facilities in China.
Port Houston officials said they successfully defended the port against an attempted hack in August and “no operational data or systems were impacted.”
High-tech manufacturer Enovix is not outsourcing production to Asia, unlike many predecessors. Its assembly line arrived in California on a giant plane.
As some Chinese factories go dark, more delays for container imports but bullish sign for coal, LNG and oil shipping.
Costco is going boating. Unwilling to wait for space on commercial vessels, it is now renting its own ships to haul exports from Asia.